Nvidia Stock Gets a Boost: Analyst Raises Forecast to $220 as AI Chip Demand Outstrips Supply

Nvidia's (NVDA) stock has been boosted by a 5-star analyst from DBS, who raised his price target to $220 and reiterated a Buy rating. The analyst believes the company's lead in AI infrastructure and demand for Hopper and Blackwell AI-chips will outstrip supply in FY2026. Nvidia is expected to exceed $200 billion in sales in FY26, representing over 56% year-over-year growth. The stock has a Strong Buy consensus rating and a 12-month average price target of $273.57, implying 54.2% upside potential.